Opportunity Zone Workshop – Bowling Green


This presentation assists communities and businesses to better prepare for investments in Opportunity Zones in their communities.


The Webcast has ended
A video replay will be available shortly

If you have a question you’d like answered, email econdev@ky.gov.
DATE AND TIME
Fri, January 18, 2019
10:00 AM – 11:30 PM CT


LOCATION
Bowling Green Area Chamber of Commerce
710 College Street
Bowling Green, KY 42101

Previous Workshop



This presentation was held on December 18th in Somerset, KY at the Center for Rural Development.

INVESTMENT OPPORTUNITIES

Click below for a list of investment opportunities in Opportunity Zones that have been submitted to the Cabinet for Economic Development.
Find Opportunities

Seeking Investors

Click below to submit projects in Opportunity Zones for which you are seeking investors.
Find Investors

"Kentucky will maximize this golden chance to attract economic development projects to communities most in need across the commonwealth, and the Kentucky Opportunity Zone Initiative will strengthen and rebuild both rural and urban areas" Matt Bevin
- Governor Matt Bevin -

The Importance of Opportunity Zones


TAX BENEFITS FOR INVESTORS


Opportunity Zones provide significant tax benefits

The Opportunity Zones program is designed to incentivize private investments in low-income communities nationwide. Investors can realize significant federal tax benefits by investing capital gains in Qualified Opportunity Funds. Those tax benefits increase the longer investments remain in Opportunity Funds and include tax deferrals and elimination. Opportunity Funds are then required to invest in qualified projects in Opportunity Zones.

 

More Info

 

Note: Official guidelines from the U.S. Treasury Department are available here.

About

A Kentucky Opportunity Zone is a low income U.S. Census tract that encourages individuals and corporations to invest in a variety of economic development projects through "Opportunity Funds"

These areas in Kentucky - both urban and rural - have been classified as low-income or undeveloped. In fact, over half the communities eligible for designation as Opportunity Zones had fewer jobs and fewer businesses in 2015 than in 2000.

Opportunity zones were created by Congress to encourage long-term investments in low income urban and rural communities nationwide.

In Kentucky, 144 sites in 84 counties have been designated as Opportunity Zones. Learn more about the benefits of Opportunity Zones below.

HOW KENTUCKY ZONES WERE CHOSEN


The selection of Kentucky’s Opportunity Zones was a multi-step, data-driven process.

Click For Details

KENTUCKY OPPORTUNITY ZONES

How to use this map:

The highlighted counties on the map below include one or more opportunity zones.

1. To see if a particular address is located within an Opportunity Zone, type in the address in the box on the upper right corner area of the map.
2. To zoom into street level in a particular county, click repeatedly on that county until you reach the area you wish to view.

AVAILABLE INDUSTRIAL SITES AND BUILDINGS IN OPPORTUNITY ZONES


Kentucky has a variety of industrial sites and buildings in Opportunity Zones that are available immediately.
Click on the map below to learn more detail.


Kentucky Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601

Email: econdev@ky.gov
Phone: 502-564-7670 or 1-800-626-2930
Fax: 502-564-3256